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Republicans have $8.02 million cash on hand and no debt. Democrats have $12 million cash on hand and $3.75 million in debt.

December was for all intents and purposes a tie, but Republicans are celebrating because the Democratic committee — which benefits from controlling the Senate majority and holding the presidency — maintained a steady fundraising advantage throughout 2013. Over the course of the calendar year, the DSCC raised $52.6 million and the NRSC raised $36.7 million.

During the last midterm election cycle, the NRSC raised $41.2 million in 2009 and at this point in 2010 had $8.3 million cash on hand.

In September, the NRSC replaced an under-performing finance director with Heather Larrison. Top GOP donors who felt burned by the experience of losing the presidency and two Senate seats in 2012 also have become more confident that they can win the Senate majority this year.